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2 clusters · 5 sources · 13 days · First seen · Last updated

Amorepacific Group strategic development

Overview

Amorepacific Holdings has initiated several strategic shifts focused on sustainability and global expansion. The company signed a memorandum of understanding with the Presidential Commission on Carbon Neutrality and Green Growth to launch the ‘Green Profit Public Participation Expansion Campaign’. This partnership seeks to promote low-carbon consumption and support youth-led carbon neutrality initiatives.

In conjunction with its 81st anniversary, the group has also reaffirmed its ‘New Beauty’ vision. This strategy aims to establish new global standards by diversifying business offerings into haircare and wellness under a ‘holistic longevity’ technology vision. To reach a revenue goal of 15 trillion won by 2035, the company is prioritizing biotechnology, AI-based operations, and expansion into core global markets.

Building on this vision, Chairman Seok-bae Suh has outlined five strategic tasks: nurturing global markets, strengthening holistic beauty solutions, developing anti-aging via bio-technology, organizational innovation, and transitioning to AI-first operations. To foster this ecosystem, the group is launching the ‘2026 Second Half New Beauty Innovation Challenge’ from September 7 to 20. The initiative features two tracks: a ‘Brand Track’ for early-stage beauty and wellness startups, and a ‘Tech Track’ for companies specializing in medical aesthetics, beauty devices, and digital beauty. Selected participants may receive equity investments of up to 500 million won alongside opportunities for product co-development and distribution support.

Entities

Presidential Commission on Carbon Neutrality and Green Growth · Pulmuone Foods · Lee Chang-hoon · Amorepacific Ventures · Kwon Soon-chul

Timeline

  1. 5 days ago

    [BUSINESS] 5 sources
    Amorepacific Group accelerates global expansion and tech innovation

    Amorepacific Group is advancing its ‘New Beauty’ vision through global expansion, AI integration, and a new startup innovation challenge offering up to 500 million won in investment.

  2. 18 days ago

    [BUSINESS] 2 sources
    Amorepacific Holdings partners with climate commission for Green Profit Campaign

    Amorepacific Holdings partnered with South Korea's Presidential Commission on Carbon Neutrality to launch the ‘Green Profit Campaign’, promoting low-carbon consumption and sustainable beauty.

Sources

biz.heraldcorp.com · bokuennews.com · hin.company · socialvalue.kr · techholic.co.kr

This summary has been updated 1 time: see revision history